Hello BP!I have a meeting tomorrow with a close friend of mine, who has deep pockets, and I'd like to run the idea by him of investing together. I'd love to do some rental deals with him, but I'm unsure of how to stru...
I'm sure this on other places within threads, but what do you typically like to see in terms of investment from the Project Sponsors on Multifamily Syndications? I've seen on the web anywhere from 0-25%, but this seem...
I am planning on purchasing a profitable business with its real estate included in florida and the dscr is 1.85. the problem is im just short of 600k for the down payment. that being said, can anyone provide me any re...
What requirements do I need in order to be able to use OPM to buy houses?
I had a few questions on HML-1) Knowing I will most likely be buying a foreclosure that requires cash to purchase- Am I right in thinking I should qualify/Pre-approve with a HML first before finding a property? Or is ...
Hello BP community,
I would like to know if anybody could provide insight on how to go about entering into possible residential real estate purchases with partners or entirely using OPM. I acquired my first two prope...
Is your hard money lender doing you a favor?My answer is NO. If you are a rehabber, you are the one doing your hard money lender a big favor.As a flipper, you spent your money marketing for deals. If you are good at f...
Investment Info:
Single-family residence fix & flip investment in Denver.
Purchase price: $254,000
Cash invested: $125,000
Sale price: $425,000
This project had just about everything come up ...
Looking for thoughts…I was approached by a contractor to partner up on deals. He is looking to source deals for me. However, he wants me to still pay him the rehab cost for the project and then split the profit with h...
As the number of investors swell, so do the number of "so called hard money lenders" Since the recession, a lot of hard money lenders, or as I will call them, "pretend hard money lenders" ask you this question. How mu...